fiftyfifty: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
fiftyfifty
Largest movements
- Tangible fixed assets +€448,919
up €448,919 (+153.6%), from €292,243 to €741,162
of which Land and buildings: +€597,940
- Debts after one year +€437,059
up €437,059 (+325.4%), from €134,295 to €571,354
- Trade debts +€19,677
up €19,677, from €0 to €19,677
- Profit (loss) carried forward -€12,884
down €12,884 (-33.2%), from -€38,752 to -€51,636
- Current portion of long-term debt +€7,534
new in 2025: €7,534
- Gross operating margin +€14,632
up €14,632 (+14772.1%), from €99 to €14,731
- Financial charges +€10,114
up €10,114 (+417.7%), from €2,421 to €12,535
- Depreciation +€4,630
up €4,630 (+53.7%), from €8,625 to €13,255
- Other operating charges +€1,459
up €1,459 (+315.0%), from €463 to €1,922
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,516 | €751,663 | +€451,147 | +150.1% |
| Fixed assets | 21/28 | €296,993 | €745,912 | +€448,919 | +151.2% |
| Tangible fixed assets | 22/27 | €292,243 | €741,162 | +€448,919 | +153.6% |
| Land and buildings | 22 | €143,222 | €741,162 | +€597,940 | +417.5% |
| Assets under construction and advance payments | 27 | €149,021 | €0 | -€149,021 | -100.0% |
| Financial fixed assets | 28 | €4,750 | €4,750 | = | 0.0% |
| Current assets | 29/58 | €3,522 | €5,750 | +€2,228 | +63.3% |
| Amounts receivable within one year | 40/41 | €717 | €3,750 | +€3,033 | +423.0% |
| Trade receivables | 40 | €664 | €3,750 | +€3,086 | +464.7% |
| Other amounts receivable | 41 | €53 | €0 | -€53 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,805 | €2,000 | -€805 | -28.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €300,516 | €751,663 | +€451,147 | +150.1% |
| Equity | 10/15 | -€34,752 | -€47,636 | -€12,884 | -37.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,752 | -€51,636 | -€12,884 | -33.2% |
| Amounts payable | 17/49 | €335,268 | €799,299 | +€464,031 | +138.4% |
| Amounts payable after more than one year | 17 | €134,295 | €571,354 | +€437,059 | +325.4% |
| Financial debts | 170/4 | €134,295 | €571,354 | +€437,059 | +325.4% |
| Amounts payable within one year | 42/48 | €199,723 | €224,639 | +€24,916 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,534 | +€7,534 | |
| Trade debts | 44 | €0 | €19,677 | +€19,677 | |
| Suppliers | 440/4 | €0 | €19,677 | +€19,677 | |
| Taxes, remuneration and social security | 45 | €2 | €928 | +€926 | +57885.0% |
| Taxes | 450/3 | €2 | €928 | +€926 | +57885.0% |
| Other amounts payable | 47/48 | €199,722 | €196,500 | -€3,221 | -1.6% |
| Accrued charges and deferred income | 492/3 | €1,250 | €3,306 | +€2,056 | +164.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,625 | €13,255 | +€4,630 | +53.7% |
| Other operating charges | 640/8 | €463 | €1,922 | +€1,459 | +315.0% |
| Gross operating margin | 9900 | €99 | €14,731 | +€14,632 | +14772.1% |
| Operating profit (loss) | 9901 | -€8,989 | -€446 | +€8,543 | +95.0% |
| Financial income | 75/76B | €3 | €97 | +€95 | +3797.6% |
| Recurring financial income | 75 | €3 | €97 | +€95 | +3797.6% |
| Financial charges | 65/66B | €2,421 | €12,535 | +€10,114 | +417.7% |
| Recurring financial charges | 65 | €2,421 | €12,535 | +€10,114 | +417.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,408 | -€12,884 | -€1,476 | -12.9% |
| Profit (loss) for the period | 9904 | -€11,408 | -€12,884 | -€1,476 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,408 | -€12,884 | -€1,476 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.